Nigeria - Changes in inventories (constant LCU)

The value for Changes in inventories (constant LCU) in Nigeria was 499,902,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 639,614,000,000 in 2018 and a minimum value of -15,079,250,000 in 1988.

Definition: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 -977,618,900
1982 -1,700,891,000
1983 -875,135,900
1984 -1,932,012,000
1985 -914,250,900
1986 640,871,400
1987 -5,914,934,000
1988 -15,079,250,000
1989 106,084,500
1990 5,893,585,000
1991 1,192,644,000
1992 1,719,402,000
1993 3,923,561,000
1994 4,217,114,000
1995 8,940,942,000
1996 12,279,200,000
1997 15,408,890,000
1998 18,196,060,000
1999 20,990,230,000
2000 24,003,950,000
2001 104,352,000,000
2002 122,985,000,000
2003 157,525,000,000
2004 196,507,000,000
2005 269,798,000,000
2006 406,437,000,000
2007 355,332,000,000
2008 387,161,000,000
2009 395,302,000,000
2010 408,003,000,000
2011 406,166,000,000
2012 487,905,000,000
2013 521,867,000,000
2014 548,618,000,000
2015 517,502,000,000
2016 511,280,000,000
2017 615,862,000,000
2018 639,614,000,000
2019 471,875,000,000
2020 499,902,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts